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Search Results 0 to 22 of about 23 (some duplicates have been removed)
will speak to newt gingrich, and also revving up the economy, we have carlos gutierrez and carmax founder austin ligon. homestretch politics with peter baker of the "new york times" and a.b.stoddard of the "the hill." i'm candy crowley and this is "state of the union". >> democratic governor jerry brown sad out this year's convention was back home grappling with his massive state budget. a $16 billion deficit, he cutback what he didn't want. this fall the governor wants voters to approve a tax hike for the wealthy and increase in the sales tax. the outcome could have implications for spending mettles in washington and state capitals across the country. joining me is governor of california jerry brown. thank you, governor, for joining us. let's talk a little bit about where we are as a fall campaign begins. we just got another lackluster jobs report and a lot lower of job creation than folks thought it would be, and can president obama lose this election? >> well, obviously, anybody can lose or win an election. these things are not absolutely determined, and this is a close election, but i
to newt gingrich, and also revving up the economy, we have carlos gutierrez and carmax founder austin ligon. with e will be joined with peter baker of "the new york times" and a.b. stoddard of "the hill." this is "state of the union." jerry brown stayed home from the convention grappling with his sta state's debt. this fall the governor wants voters to approve a tax hike for the wealthy and increase in the sales tax. the outcome could have implications for spending mettles in washington and state capitals across the country. joining me is governor of california jerry brown. than dwrok you, governor, for jg us. we just got another lackluster jobs report and a lot lower of job creation than folks thought it would be, and can president obama lose this election? >> well, obviously, anybody can lose or win an election. these things are not absolutely determined, and this is a close election, but i would say that the contrast of the difference is reasonably clear. romney almost reminds me of thomas dewey and i was rather young, but i remember that campaign, and he symbolized the wealthy eas
hard about his record on the economy but the former ceo of carmax says the president deserves more credit and he will actually be one of the guest speakers during the democratic convention. we talk with him next. ovided for every financial need. and then, in one blinding blink of an eye, their tree had given its last. but with their raymond james financial advisor, they had prepared for even the unthinkable. and they danced. see what a raymond james advisor can do for you. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. yep...doh. [ boy ] slurpably fun and a good source of calcium. dads who get it, get go-gurt. try the #1 gastroenterologist recommended probiotic. align. align naturally
earners in the economy. >> sure. >> the company that you co-founded carmax is not a small company now. it once was. i'd like to put yourself in the shoes of a small business owner who is thinking about the possibility that his or her tax rate is going to up by 3% at the margins under a second obama administration. if he's re-elected. would that if you were in their shoes affect your ability, your intention to add jobs because as you know -- >> no. >> -- mr. romney said this kills job creation. >> look. taxes were higher than they are today when we founded carmax. taxes were higher under george w. bush. they were higher under ronald reagan. the answer is that's marginal. secondly, the vast majority of small business wouldn't be affected by it. >> it wouldn't affect your intention or ability -- >> absolutely not. >> to hire ten for people. >> i'm an angel investor now. i work with start-up companies. i'm on the board of six or seven. i'm the chairman of gazelle.com. we never have these discussions. this doesn't affect our planning. what we're interested in is does our business model mak
] >> please welcome austin ligon, cofounder and retired ceo of carmax, incorporated. >> when we first started carmax 19 years ago, we had a simple idea to make buying a used car transference an eyes process. today carmax has grown to be america's largest retailer implying 17,000 people in 30 states and one of fortune's top 100 companies to work for. we worked hard to build and conceive an idea for carmax but we didn't do it alone. we succeeded because we had intensely committed associates. healthy and flexible capital markets, good roads and bridges that let us move product rapidly, cooperative federal, state and local governments that helped us have clear rules of the roads and plan and grow our business. as a businessman, i know president obama understands what it takes to spark economic growth because i've seen him in action. when he took office, he inherited a massive structural deficit from his republican predecessor, an economy free fall and most importantly for me personal leanna toe industrly an the verge of collapse. there was restructuring of two of america's largest corporations, g
. start with an actual written offer when selling your car, no strings attached. carmax. start here. >>> can you imagine what david shaw is saying to his stanford cardinals right now? shoot, be careful on the field, all those crazy fans out there. nobody is going to class tomorrow morning. those smart kids at stanford, not going to class. welcome back to the at&t post game show. erin, eddie, joey, mercy. can we take a breath? first, before we do that, let's talk about this game, usc, matt barkley, stanford getting pressure on him all day. >> yeah, we talked about it, from the start, with the khalid holmes out at center, matt barkley had to trust the offensive line, had to trust they were going to protect his back. he looked fluttered in the pocket all day, whether that was because khalid holmes was out or because stanford's top seven was so good, sacked only eight times all last season. such a great job by stanford or maybe stanford's center being out. we don't know. >> intercepted twice. we talked in the pregame show about stanford's front seven. how are they able to contain really
. >>> coming up carmax car founder and former ceo austin ligon on the election, angel investing and the auto industry. he is an actual obama surrogate i think. >> yes. >>> plus it's thursday -- he's in the car business. now i get it -- which means weekly jobless claims are out, we'll bring you the data and break it down for you at 8:30 eastern this morning. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. [ male announcer ] for the saver, and a big first step. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ ♪ [ male announce
welcome a co-founder and retired ceo of carmax. >> when we started carmax 19 years ago, we had a simple idea of making buying a used car transparent, easy, and honest. today, we have grown to be america's largest auto retailer, employing 17,000 people in 30 states. it is one of fortune's top 100 companies to work for. we worked hard to build and conceived an idea for carmax, but we did not do it alone. we succeeded because we had intensely committed associates, healthy and flexible capital markets, good roads and bridges that let us move products rapidly, a cooperative federal, state, and local governments that helped us have clear rules of the road and plans to grow our business. as a businessman, i know president obama understands what it takes to spark economic growth. i have seen him in action. when he took office, he inherited a massive structural deficit from his republican predecessor, an economy in free fall, and most importantly for me personally, an auto industry on the verge of collapse. he president's decisive action led to rapid and successful restructuring of two of americ
to start. glad you found us. start by test-driving nearly every make and model, all in one place. carmax. start here. to be true to your art or whatever, but it's just such a waste. there's just so much potential there, you know? and, like, he could be an artist and run a successful business. do you see what i'm doing? i'm eating ice cream straight out of the container-- - that's how i know that you're upset. - i know. - i can tell. - but this is a cliche, you realize. and i'm just perpetuating it. here, switch with me. - [laughs] okay, perfect. - i feel really good. it just--it matters to me. - mm-hm. - and i want it to matter to him. - i totally... get that. do you feel like talking about something else? - yes. - okay. - [sighs] yeah. sorry. - no, no. no. this ice cream is delicious. - [laughs] see? - so this site says that if vending machines... - hey! hey, girls. hey. - [baby] da-da! - honey, you're not searching for anything you're not supposed to be searching for, are you? - nope. - dr. haryana specifically said not to do that. - i'm not. - we gotta stay positive. do everything we
! >>> welcome back to "power lunch." we're watching carmax after it reported its fiscal second quarter numbers. the earnings rose slightly we saw improved retail sales and income in its financial unit though the bottom line was hit by higher overhead costs. still it was under what wall street was expecting, this stock taking a hit of 7.5%. >>> brace yourself, it is time for the "power rundown." with us jane wells and neil weinberg. neil, you guys first reported former minnesota governor tim pawlenty had left the romney campaign to head of the financial services roundtable. i think they're trying to soft pedal what they want. they're not going to knock heads with the democrats. they're going to try for the soft approach. >> politically of course the democrats will make a lot of the fact that pawlenty is quitting the romney campaign. but did he hope to be on the ticket. he wanted to be the vice president candidate. he campaigned hard for that and ultimately he was looked over. >> yes. i guess there's not a lot of love lost, however there was talk that he might get a cabinet position. and perhaps
, surviving this administration. osama bin laden is dead and gm is alive. we have the carmax cofounder. good to have you, austin. a prominent player here. where would we be without the bailout? >> i don't call it a bailout. i talk about the restructuring. because when i think of a bailout. let me explain to the bailout is when you pour money into something. you may or may not do anything. what makes this a restructuring is they didn't just put money into it, they went in and they took out management company put new management in place. neil: why could they have not done that in a bankruptcy? >> somebody had them take charge and make that work. they didn't go to a bankruptcy. but no one would've been charged of a replacement. a bankruptcy judge is not going to do that. neil: bankruptcy was not the option. when mitt romney says that would be a more accessible option, you say no? >> mitt romney doesn't know what he's talking about. it's absolutely untrue. neil: it's ironic that we did the thing he advocated. he laid off a lot of workers. the only difference. >> the management at general motors,
now is the founder and former president of carmax, speaking on the issue of small business interest and the obama administration. let's take this for a moment. >> employing 17,000 people in 30 states, and it's also one of fortune's top 100 companies to work for. we worked hard to build and conceive an idea for carmax, but we didn't do it alone. we succeeded because we had intensely committed associates, healthy and flexible capital markets. good roads and bridges that let us move product rapidly, and cooperative federal, state, and local governments that helped us have clear rules of the road and plan and grow our business. as a businessman, i know president obama understands what it takes to spark economic growth because i have seen him in action. when he took office, he inherited a massive structural deficit from his republican predecessor, an economy in freefall, and most importantly for me personally, an auto industry on the verge of collapse. the president's decisive action led to rapid and successful restructuring of two of america's largest corporations, gm and chrysler. that
of carmax and costco, who lifted employees. you heard that from every other speaker, that there are ways you can do it that brings everybody along. the democratic messages of women's health and choice. it was an alternation back and forth on light long. the president -- the former president, i have to stop doing -- the former president pulled it all together and said that there is a way forward that includes all the aspects of the economic picture. we don't have to go back to a strategy where somebody has got to be dumped over the side. that is compelling, and it really tees up the president for tonight. >> if you look at it through eyes, the consumers look at corporations and institutions to see their partners or creditors. who was on my side, who is making this happen? we have done so much work in this area. every incident that we measured 10 and 20 years ago have all dropped. when you look to your parents, grandparents, in terms of institutions that we trusted -- they trusted their doctor, their lawyer, and their banker -- they don't trust any of those people any more. when you look at th
was the head of carmax, austin lygon. then we just saw a video called built to last about the auto industry where they showed that great headline or not so great headline from "the new york times" where mitt romney wrote let detroit go bankrupt. in this series, we're going to also hear from bob king who is the president of the uaw. and we'll also be hearing from throw employees from bain capital or at least from companies that were controlled by bain capital who ended up losing their jobs. so it should be an interesting segment. we don't know how much we'll be able to get before we take the next break but i think this particular segment is really what this campaign at least the offense that the obama people playing on mitt romney is all about. it is all about the middle class. it is all about jobs and it is all about his role at bain. >> eliot: i wish they had played clint eastwood's ad. i gotta tell you i'm so amazed that the response to bain from our side should have been we're better at it than he is. when we
. >> yeah. things tracking weaker than they thought. carmax, morgan stanley likes it. >> used cars are holding value. very good for people with old cars. >> a lot of people do. >> remember, 11 years is the average age. that's good news for the american consumer. that's why i wanted to include it. >> what's coming up tonight? >> okay. you know, tonight we've got -- this is -- we had paul, and i asked him, when we -- when he was here on "squawk on the street," please come on the hoe. this is about mobile media and mr. you can monetize. how lucky am i when the z man says it's time to monetize and get a lot of money. paul will tell us. >> do you think last night was the beginning of a new chapter in the way we think about monetizing mobile? >> i think what z-man said is, look, the way we were doing sponsored ads, that may not be the solution, maybe search is solution, but the most important thing for me is this is the first time the guy we all banked with came out and said something. it mattered. it was beginning to be more like the social -- the movie. i was starting to think this guy
Search Results 0 to 22 of about 23 (some duplicates have been removed)